Graph and download economic data for State and local government surplus/deficit: Census total revenue minus Census total expenditures (L319411A027NBEA) from 1959 to 2022 about budget, expenditures, government, GDP, and USA.

In 2022, the federal state of California had about 558.68 billion U.S. dollars of debt outstanding, the most out of any state. New York, Texas, Illinois, and Florida rounded out the top five states with the most debt outstanding in 2022.

The United States recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Surplus or Deficit - from Oct 1980 to Aug 2025 about budget, federal, and USA.

United States Total State & Local Government: Debt Outstanding: Short Term data was reported at 35,187,874.000 USD th in 2015. This records an increase from the previous number of 34,245,302.000 USD th for 2014. United States Total State & Local Government: Debt Outstanding: Short Term data is updated yearly, averaging 15,912,651.000 USD th from Jun 1902 (Median) to 2015, with 73 observations. The data reached an all-time high of 45,742,933.000 USD th in 2008 and a record low of 100,000.000 USD th in 1902. United States Total State & Local Government: Debt Outstanding: Short Term data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F008: Debt Outstanding: State and Local Government: By State.

In the fiscal year of 2022, total state and local government debt in the state of New York amounted to 20.07 percent of the annual Gross Domestic Product of the state. In Kentucky, this figure amounted to 22.78 percent of the state's annual GDP, the highest of any state. The national debt of the United Stated can be found here.

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India All States: Overall Surplus or Deficit data was reported at -99,125.966 INR mn in 2025. This records an increase from the previous number of -823,774.464 INR mn for 2024. India All States: Overall Surplus or Deficit data is updated yearly, averaging 23,456.000 INR mn from Mar 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 3,282,496.545 INR mn in 2020 and a record low of -823,774.464 INR mn in 2024. India All States: Overall Surplus or Deficit data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FF001: State Finances: At A Glance.

The United States recorded a government budget surplus of 197950 USD Million in September of 2025. This dataset provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in the United States increased to 37637553 USD Million in September from 37274266 USD Million in August of 2025. This dataset provides - United States Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for State and Local Governments; Debt Securities and Loans; Liability, Level (SLGSDODNS) from Q4 1945 to Q2 2025 about state & local, nonfinancial, sector, debt, domestic, government, and USA.

Key information about United States Government Debt: % of GDP

• United States Government debt accounted for 124.0 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 123.1 % in the previous quarter.
• US government debt to GDP ratio data is updated quarterly, available from Mar 1969 to Dec 2024.
• The data reached an all-time high of 130.4 % in Mar 2021 and a record low of 31.8 % in Sep 1974.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Bureau of the Fiscal Service provides Government Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Government Debt covers Central Government only.


Related information about United States Government Debt: % of GDP

• In the latest reports, US National Government Debt reached 36,220.2 USD bn in Jan 2025.
• The country's Nominal GDP reached 6,632.4 USD bn in Mar 2023.

Public authorities are required by Section 2800 of Public Authorities Law to submit annual reports to the Authorities Budget Office that includes a schedule of the authorities’ debt. The dataset consists of a schedule of debt reported by State Authorities that covers 8 fiscal years, which includes fiscal years ending in the most recently completed calendar year.

Total Number of Borrowers with state-by-state borrower count, and disbursement amount (in millions)

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

Graph and download economic data for State and Local Governments; Debt Securities and Loans; Asset, Transactions (BOGZ1FA214004005Q) from Q4 1946 to Q2 2025 about retirement, state & local, transactions, debt, securities, assets, government, employment, and USA.

United States - State and local government surplus/deficit: Census total revenue minus Census total expenditures was 437.94900 Bil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - State and local government surplus/deficit: Census total revenue minus Census total expenditures reached a record high of 1218.57300 in January of 2021 and a record low of -895.27900 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - State and local government surplus/deficit: Census total revenue minus Census total expenditures - last updated from the United States Federal Reserve on September of 2025.

In the fiscal year of 2019, the state of New Mexico had state debt totaling *** billion U.S. dollars. However, the local government debt was higher at **** billion U.S. dollars. By the fiscal year of 2025, it is forecasted that New Mexico's state debt will be about **** billion U.S. dollars, and the local government debt will be about ***** billion U.S. dollars.

Public authorities are required by Section 2800 of Public Authorities Law to submit annual reports to the Authorities Budget Office that includes debt information. The dataset consists of new debt issuances reported by State Authorities that covers 8 fiscal years, which includes fiscal years ending in the most recently completed calendar year.

United States Alabama: Debt Outstanding data was reported at 28,868,246.000 USD th in 2016. This records a decrease from the previous number of 30,114,358.000 USD th for 2015. United States Alabama: Debt Outstanding data is updated yearly, averaging 8,061,041.000 USD th from Sep 1957 (Median) to 2016, with 58 observations. The data reached an all-time high of 31,622,214.000 USD th in 2013 and a record low of 623,448.000 USD th in 1957. United States Alabama: Debt Outstanding data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.F008: Debt Outstanding: State and Local Government: By State.